(Sarah Zheng – South China Morning Post)
Trade officials from China and the United States will be going all out to reach a deal when they meet in Beijing next week, but the two sides still have obstacles to overcome, analysts said.
US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will be in the Chinese capital on March 28 and 29, after which Vice-Premier Liu He, the head of China’s negotiating team, will travel to Washington in early April, the Chinese commerce ministry announced on Thursday.
“There is a lot of activity – they do want a deal. Both sides want a deal,” said Christopher McNally, a political economy professor at Chaminade University in Hawaii.
“Lighthizer and Mnuchin would like to get certain things from the Chinese. They know that time is running out … Probably July 1 is becoming a bit of a relatively hard red line, with the biggest issue remaining the enforcement mechanism.” Click here to read more.
- A Real US-China Trade Deal Is a Long Way Away (Axios)
- Trump Says Tariffs Will Stay Until China Complies With Deal (Bloomberg)
- High-Level U.S.-China Trade Talks to Resume in Final Push for Deal (Wall Street Journal)
- U.S. Trade Negotiators to Visit China for Talks Next Week (Associated Press)
- U.S. Agriculture Secretary Warns on China’s Approach to Trade Deal (Financial Times)